The Bank Retreat from the MSR Market Begins to Slow June 21, 2018 John Bancroft Also, credit unions and thrifts both increased their MSR holdings...Read More
MBS Outstanding on a Steady Growth Track. Ginnie MBS Balance: $1.83 Trillion June 15, 2018 John Bancroft Year over year, MBS outstanding grew by 4.8 percent, according to a new tally from Inside MBS & ABS… Read More
Jumbo Mortgage Production Down Sharply in First Quarter June 14, 2018 John Bancroft Wells Fargo ranked first among non-agency jumbo originators, followed by Chase and Bank of America…Read More
MBS Business Up Modestly, but GSE Credit Box Unchanged June 13, 2018 John Bancroft In the first quarter, average credit scores on purchase mortgages were virtually unchanged…Read More
Retail Channel Gained Share in Some Markets June 12, 2018 John Bancroft Mortgage brokers actually gained some share in the government market…Read More
Bank MSR Holdings Decline Again in 1Q18, but Valuations Hit Record High June 11, 2018 John Bancroft Banks have been reducing their servicing for others since late 2009…Read More
On the Rise Again: Agency Single-Family MBS Issuance June 8, 2018 John Bancroft All three agencies saw gains from April volume with Fannie posting the biggest increase…Read More
Don’t Worry, Nothing Will Derail the GSE Single-Security Project June 8, 2018 John Bancroft Treasury counselor Craig Phillips advised meeting participants to assure their bosses and government affairs offices that Treasury is fully committed to the project. “If you have problems, tell them to call me,” he quipped.Read More
Home-Equity Lending Starts the Year on a Flat Note June 7, 2018 John Bancroft Bank of America once again ranked first in terms of new HELOC commitments, according to Inside Mortgage Finance…Read More
Mortgage Brokers Gain Ground in Government-Insured Market June 4, 2018 John Bancroft Correspondent production remained the biggest source of FHA/VA loans, accounting for 53.5 percent of the survey sample…Read More